Org.nr 918 462 740 2019 → 2020 Year-over-year analysis

2469 REISELIVSUTVIKLING AS: årsregnskap 2020 vs 2019

Grew 201% on revenue, cash halved-plus

approved 2021-05-14; registry 2021-06-22; journal 2021 377374

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2469 REISELIVSUTVIKLING AS. Revenue 388.2k NOK → 1.17m NOK (+201.4%). Equity 71.7k NOK → 76.0k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2469 REISELIVSUTVIKLING AS.

Scorecard

Revenue
388.2k NOK 1.17m NOK
+201.4%
Operating result
+43.0k NOK +6 078 NOK
-85.9%
Net result
+32.8k NOK n/m
—
Equity
71.7k NOK 76.0k NOK
+6.0%
Cash
858.3k NOK 138.2k NOK
-83.9%
Total assets
839.3k NOK 624.1k NOK
-25.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 388.2k NOK to 1.17m NOK (+201.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 71.7k NOK → 76.0k NOK (equity ratio 8.5% → 12.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +43.0k NOK → +6 078 NOK (op. margin 11.1% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 858.3k NOK → 138.2k NOK (-83.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 273.7k NOK → 1.03m NOK (+274.6% YoY). Calculated